Inflation targeting and volatility: Panel evidence

Zied Sayari and Rima Lajnaf
Additional contact information
Zied Sayari: Faculty of Economics of Grenoble, France
Rima Lajnaf: University of Sfax, Tunisia

Theoretical and Applied Economics, 2017, vol. XXIV, issue 1(610), Spring, 57-68

Abstract: This article studies the effect of the transition to the regime of inflation targeting on the economic performance of the country and its ability to ensure better price stability. In order to verify the performance of this passage, we examine four factors: fiscal position, trade openness, financial openness and financial depth. The results show that the state of monetary, fiscal and financial system in emerging and developed countries plays a major role in controlling the dynamics. These results also show that the adoption of inflation targeting reduces the volatility of inflation in many countries.

Keywords: Inflation targeting; economic performance; volatility. (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://store.ectap.ro/articole/1245.pdf (application/pdf)
http://www.ectap.ro/articol.php?id=1245&rid=126 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxiv:y:2017:i:1(610):p:57-68

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().